Foreign-exchange markets are showing a mixed performance, with the New Zealand dollar recording the steepest decline among the currencies listed, falling 1.36%. The South Korean won followed with a loss of 0.86%, while the Indian rupee and British pound also traded lower. The Japanese yen and US Dollar Index posted modest gains, while the euro […]
The EUR/JPY cross trades in negative territory around 175.65 during the early European trading hours on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid fears of currency intervention from Japanese authorities. Japanese Finance Minister Satsuki Katayama said on Tuesday that the government stood ready to take decisive action in the currency market. […]
The Japanese yen is under renewed pressure, with USD/JPY approaching the 158 level as improving sentiment across the artificial intelligence sector reduces demand for traditional safe-haven currencies. Strong earnings from South Korean chipmaker SK Hynix have reinforced optimism surrounding AI-related investment and technology-sector profitability, encouraging a shift in investor positioning. The yen is also facing […]
Key takeaways USDJPY remains in focus ahead of key meetings of the Federal Reserve and the Bank of Japan. On Tuesday, October 27, the pair is trading around 158 as investors prepare for decisions that could shape its direction over the coming weeks. Markets are not currently expecting an interest rate hike from either the […]
The AUD/JPY cross trades in positive territory around 110.75 during the early European trading hours on Tuesday. Hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY). Australia’s September inflation data will be the highlight later on Wednesday. On Friday, the Bank of […]
EUR/JPY remains stronger for the second successive day, trading around 176.20 during Asian hours on Tuesday. Based on the technical analysis of the daily chart’s descending channel pattern, the currency cross maintains a clear bearish bias. The EUR/JPY cross is maintaining a bearish bias as it holds beneath both the nine- and 50-day Exponential Moving […]
The Japanese yen has weakened beyond 157.5 per US dollar, extending its losses as renewed enthusiasm for artificial intelligence investments draws attention back towards risk-sensitive assets. The move reverses most of the yen’s safe-haven gains from the previous week, while investors prepare for the Bank of Japan’s latest monetary policy decision. The reported IPO filing […]
The AUD/JPY cross trades in negative territory around 110.35 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as hawkish language may reinforce expectations that the Bank of Japan (BoJ) will raise interest rates this year. The majority of economists polled by Reuters expect a rate hold […]
The Japanese yen is trading around ¥156.7 per US dollar, remaining near five-week highs as investors prepare for the Bank of Japan’s latest policy meeting. Markets broadly expect the central bank to keep interest rates unchanged in the near term, while persistent inflationary pressures are sustaining expectations of a potential rate increase in December. With […]
Global Markets Outlook: Fed, ECB and Bank of Japan Decisions Collide With GDP, Inflation and Big Tech Earnings Global financial markets are entering a pivotal week as investors confront a concentrated series of central bank decisions, major economic releases and corporate earnings. The previous week was challenging for bullish investors, with a sharp equity-market sell-off […]